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Dublin Rents Are On The Rise


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The average rent in Dublin is now €1,587. That's up almost €130 euro a month on last year. A new Rent Index from The Residential Tenancies Board shows national rents grew by 7.6 percent per year in quarter two of 2018.

Housing Minister Eoghan Murphy says: 'We know that quarterly trends can be volatile, but they do continue to rise and this continues to be a challenge. People are paying too much in rent and this has to be better controlled.

'This is why I will shortly be introducing new rent protection measures in to the Dail. I’ll also continue to pursue measures to see longer leases and tenant protections when properties are sold. And of course homesharing will be tackled in the very near future. All of these new measures will help us move closer to a more stable and more mature rental sector.'

 


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